Lesson Plan
Saving vs. spending
In this lesson, students will explore the pros and cons of spending and saving, and the effect of interest on saving and borrowing. Class discussions cover the importance of starting early with retirement and other savings plans, the importance of an emergency fund, and how to apply the Rule of 72.
- Grade Level: 11-12
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Course(s)/Subject(s):
HIP4O – Personal Life Management MCR3U – Functions
CIE 3M – The Individual and the Economy
Lesson Plan
Setting priorities
In this lesson, students will brainstorm their expenses and categorize each as a need or a want. Using an example from current events, students will discuss the importance of setting spending priorities, and distinguishing between needs and wants to ensure financial security.
- Grade Level: 9-12
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Course(s)/Subject(s):
HFL4E – Food and Healthy Living
HIF1O/2O – Exploring Family Studies
HIP4O – Personal Life Management
CIE 3M – The Individual and the Economy
Lesson Plan
Know your flow
In this lesson, students will identify and review their expenses and income and learn to create a budget.
- Grade Level: 9-12
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Course(s)/Subject(s):
BBI1O/BBI2O – Introduction to Business
HIF1O/2O – Exploring Family Studies
HIP4O – Personal Life Management
CIE 3M – The Individual and the Economy